News for United Spirits Limited (UNITDSPR.BO)

Nifty shows bearish signals with a breakdown below key averages and weakness in IT, despite signs of a short-term rebound. FMCG momentum fades after a failed breakout, while BSE nears support. Stocks like Bharti Hexacom and Aster DM show technical buying potential amid a volatile market outlook.

Diageo India acquires majority stake in NAO Spirits for ₹130 crore, boosting craft spirits portfolio and market presence.

Sensex and Nifty closed higher, led by IT and oil & gas stocks. Sensex rose 123 pts, Nifty closed above 25,140. This was mainly due to:

The NSE Nifty index was trading 67.66 points up at 25171.9

Stock Market Today: Indian benchmark equity indices saw a slight increase at the opening on Wednesday, mirroring positive trends in Asian markets. This optimism stems from encouraging developments in trade discussions between the US and key partners, including India and China. The Sensex and Nifty50 both experienced marginal gains, influenced by advancements in both international and bilateral trade negotiations.

United Spirits shares: According to the report, Diageo is considering several options regarding its stake in the prominent cricket franchise, which it holds via United Spirits. The British liquor major is said to be in talks with advisers to assess the possibility of selling either a partial or complete stake in RCB.

Following Royal Challengers Bengaluru's (RCB) IPL victory, a stampede during a celebration parade outside M. Chinnaswamy Stadium resulted in 11 deaths and 50 injuries. Police arrested four individuals, including RCB's head of marketing and revenue, Nikhil Sosale, who is suspected of playing a role in planning the event.

Hemang Jani discusses the rising valuations of exchanges like NSE, highlighting its dominant position in options and potential growth post-IPO clearance, despite recent regulatory impacts. He favors NSE and MCX over BSE, citing stretched valuations for BSE.

May 23, 2025 / 11:00AM GMTOperator Ladies and gentlemen, good day and welcome to the United Spirits Limited financial year 2025 earnings conference call. As a r

Large and midcap indices delivered similar 1-year returns, with Nifty Midcap 100 slightly outperforming Nifty 100. Smallcaps underperformed due to valuation concerns. FIIs favored largecaps amid expensive mid- and smallcap valuations, driving market preference toward stability.

Most Asia-Pacific share indices were trading higher on Wednesday's session which may provide support to Indian benchmark indices as well.

Diageo India reports 17% YoY profit increase, with PAT at ₹451 crore for Q4 FY25, driven by market re-entry.

Indian liquor stocks fell up to 5% after the India–UK FTA announced steep duty cuts on Scotch whisky and gin imports, sparking fears of rising competition for domestic players. The deal, signed May 6, boosts UK exports and threatens premium segments of local liquor firms.

Stocks including Reliance Industries, Maruti Suzuki, HDFC Bank, Lupin, Tata Communications, Caplin Point and Fortis Healthcare will be in the spotlight on Thursday, April 03.

United Spirits has approved the sale of a residential property in Malabar Hills, Mumbai, valued at ₹172 crore. The sale includes furniture, fixtures, and fittings, covering three floors of the property, as stated in an exchange filing on March 30.

The Indian frontline indices lived up to their March seasonality, ending the month with nearly 6% gains. However, on Friday, they closed lower, dragged down by IT, auto, and pharma stocks. The BSE Sensex fell 191.51 points (0.25%) to 77,414.92, while the Nifty declined 72.60 points (0.31%) to end at 23,519.35.Nifty remained volatile on the first day of the new series before closing weaker. It touched a high near the previous swing of 23,800 before consolidating, said Rupak De, Senior Technical Analyst at LKP Securities, commenting on the day's action. Going forward, 23,400 might act as immediate support. A fall below 23,400 could push Nifty towards 23,200, where crucial support is placed, he added.

Market watchers are eyeing a ₹2 lakh crore IPO pipeline for FY26, with expected heavyweights like Zepto, Reliance Jio, and LG Electronics preparing their listing plans.

United Spirits dividend: Total 0.12 lakh shares of the firm changed hands amounting to a turnover of Rs 1.66 crore. Market cap of United Spirits stood at Rs 1.01 lakh crore on BSE.

BCCI is thinking of banning alcohol, tobacco, and crypto ads from IPL 2025 as per Health Ministry directive.